Core Viewpoint - Greece's economy is showing signs of resilience and recovery after a decade of austerity and reforms, with plans to introduce new measures aimed at alleviating the financial burden on the middle class by 2025 [1][2] Economic Indicators - Greece's GDP growth reached 5.7% in 2022, significantly above the EU average, and is projected to maintain a growth rate of 2.3% in 2023 and 2024 [1] - The unemployment rate has decreased from 28% during the debt crisis to approximately 8% currently [1] - The fiscal deficit has reduced from 10% during the pandemic peak to 1.6%, with a projected budget surplus of 1.3% in 2024 [1] - Government debt as a percentage of GDP has decreased by about 50 percentage points from its peak in 2020, expected to be 156.1% by the end of 2024 [1] Policy Measures - The Greek government plans to implement a package of measures totaling approximately €1.5 billion, focusing on tax adjustments, social security contributions, and support for housing and childcare [2] - These measures will not rely on increasing debt but will be supported by excess tax revenues and economic growth [2] Middle Class Impact - The middle class, significantly affected by past fiscal policies, is the target of the new measures aimed at reducing tax burdens and enhancing economic confidence [3] - High tax rates on labor income have historically suppressed household consumption and private investment, but the government is now shifting towards cautious expansion [3] Real Estate and Investment Policies - The "Golden Visa" program, which attracted over 31,000 investment immigration applications since 2013, is undergoing structural adjustments to balance real estate market stimulation and prevent price bubbles [4] - The government plans to increase investment thresholds in popular areas from €250,000 to €800,000 to address rising housing prices and local residents' concerns [4] Overall Economic Strategy - Greece is positioning itself as a stable example of resilience in the face of global uncertainties, with a focus on sustainable growth and fiscal responsibility [5] - The upcoming fiscal plan announcement at the 2025 Thessaloniki International Fair (TIF) is seen as a significant step towards normalizing and instilling confidence in the Greek economy [5]